Pakistan’s real estate sector is an engine of economic growth for the national economy. However, a lack of regulation, lack of access to information, and malpractices are some of the main reasons why the sector has not reached its full potential. Pakistan can become a USD 1.5 to 2 trillion economy by 2030 if reforms and best practices are introduced in the real estate, construction, and allied sectors of the economy. The real estate market requires market innovation, technology adoption, and the development of trained and regulated human resources. Today, being established as the first real estate think tank of Pakistan, the Iqbal Institute of Policy Studies aims to bring to light some of the key developments in the real estate sector of Pakistan which have revolutionised real estate in a positive direction.
Posted by: IIPS
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Post Date: 07/01/2022
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